GfK, the German-based market research company, transformed itself into an SE in 2009. Management saw the change as reflecting GfK’s international perspectives and structure, although it also had the side effect of avoiding a major change in the composition of the supervisory board. The...

MAN was the first German company to create a SE, by the conversion of its subsidiary MAN B&W Diesel into MAN Diesel SE in August 2006. This was followed in 2009 by the conversion of MAN itself into MAN SE. Both management and the employee representatives were well prepared for negotiating an...

Headquartered in Utrecht/The Netherlands with subsidiaries in Germany, Italy and Finland, Equens is a full-service payment processing company offering services in payment and card processing and a European leader in this business segment. The transformation of Equens N.V. into an SE was...

The reinsurance group SCOR was the first French listed company to create a European Company (SE) with employee participation. Three parallel agreements secure employee involvement through a common SE works council for the SCOR SE and its two subsidiaries. This was an important progress, since...

Allianz SE is an integrated financial services provider with more than 150,000 employees. The company serves approximately 75 million customers in about 70 countries. [...] Allianz SE operates and manages its activities primarily through four operating segments: property-casualty, life/health,...

A European Company (Societas Europaea, SE) is a relatively new legal form of company operating on a Europe-wide basis. The EU legislation governing the formation and operation of such companies also stipulates the need for employee involvement, in the form of information, consultation and...

Company Law comprises the legislation that regulates all the procedures related to creation, registration, operation, governance and dissolution of companies. The purpose of EU rules in this area is to: Enable businesses to start a business within the EU Provide protection for shareholders and...